Omnilit Acquisition Corp Stock Net Income
| OLITDelisted Stock | USD 10.49 0.00 0.00% |
Omnilit Acquisition Corp fundamentals help investors to digest information that contributes to Omnilit Acquisition's financial success or failures. It also enables traders to predict the movement of Omnilit Stock. The fundamental analysis module provides a way to measure Omnilit Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Omnilit Acquisition stock.
Omnilit |
Omnilit Acquisition Corp Company Net Income Analysis
Omnilit Acquisition's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Omnilit Acquisition Net Income | 847.62 K |
Most of Omnilit Acquisition's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Omnilit Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Omnilit Acquisition Corp reported net income of 847.62 K. This is 99.93% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 99.85% higher than that of the company.
Omnilit Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Omnilit Acquisition's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Omnilit Acquisition could also be used in its relative valuation, which is a method of valuing Omnilit Acquisition by comparing valuation metrics of similar companies.Omnilit Acquisition is currently under evaluation in net income category among its peers.
Omnilit Fundamentals
| Return On Asset | -0.0061 | |||
| Current Valuation | 52.19 M | |||
| Shares Outstanding | 5.35 M | |||
| Shares Owned By Institutions | 26.46 % | |||
| Number Of Shares Shorted | 1.29 K | |||
| EBITDA | (787.64 K) | |||
| Net Income | 847.62 K | |||
| Cash And Equivalents | 190.01 K | |||
| Cash Per Share | 0.01 X | |||
| Current Ratio | 3.27 X | |||
| Book Value Per Share | (0.18) X | |||
| Cash Flow From Operations | (644.47 K) | |||
| Short Ratio | 0.26 X | |||
| Earnings Per Share | (0.04) X | |||
| Market Capitalization | 51.82 M | |||
| Total Asset | 14.27 M | |||
| Retained Earnings | (265.62 K) | |||
| Working Capital | 143.63 K | |||
| Z Score | -0.2 | |||
| Net Asset | 14.27 M |
About Omnilit Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Omnilit Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Omnilit Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Omnilit Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Omnilit Stock
If you are still planning to invest in Omnilit Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Omnilit Acquisition's history and understand the potential risks before investing.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |